East Street Brighton

Brighton: 59 East Street

October 2021
East Street Brighton
  • 100% prime retail investment
  • Passing Rent: £157,000 per annum
  • Price: £1,850,000
  • Net Initial Yield: 8.00%

Acting on behalf of CBRE Investment Management, Fawcett Mead are delighted to have advised on the disposal of the freehold interest in 59 East Street, Brighton.

The property occupies a 100% prime trading position on East Street, in the heart of The Lanes and Brighton’s luxury retailing thoroughfare.

The property is let to Estée Lauder Cosmetics Ltd, trading as MAC Cosmetics, until 31st July 2028 - therefore offering approximately seven years of extremely secure income.

Jonathan Mills commented "We were delighted to sell this prime retail investment for CBRE IM to a private investor who we had specifically targeted and who performed extremely well."

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